> And to get to VP, even in a small organisation, you certainly need competence.
Being extremely competent is one way to get into these positions, but it's hardly the only way.
These positions are often given to people who are viewed as the most loyal, most credentialed, most connected, or most polished. Competency is often assumed, or even wished for, but it may not be the driving force behind the decision making.
I've been a at a couple high-growth startups. The number of people who get hired or promoted into VP positions for no reason other than having the right connections and being loyal for empire-building purposes was shocking.